The table below looks at the statistics for Tesseract skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Tesseract over the 3 months to 22 September 2014 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
22 Sep 2014
Same period 2013 Same period 2012
Fidessa LatentZero Tesseract
Rank 423 425 417
Rank change year-on-year
+2 -8
Contract jobs citing Tesseract 2 5 4
As % of all contract IT jobs located in London 0.008% 0.020% 0.015%
As % of the Business Applications category 0.087% 0.23% 0.15%
Number of daily rates quoted 1 3 3
Average daily rate
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£475 £463 £525
Average daily rate % change year-on-year
+2.70% -11.90%
UK excluding London average daily rate - £470 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Tesseract
England

The following table is for comparison with the above and provides statistics for the entire Business Applications category in contract jobs advertised in the London region.

Business Applications Category
London
Contract IT job ads with a match in the
Business Applications category
2292 2183 2605
As % of all contract IT jobs located in London 9.36% 8.67% 9.95%
Number of daily rates quoted 1433 1355 1532
Average daily rate £463 £460 £475
Average daily rate % change year-on-year
+0.54% -3.15%
90% offered a daily rate of more than £325 £300 £315
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £425 £400 £450
% change year-on-year
+6.25% -11.01%
Number of hourly rates quoted 14 11 14
Average hourly rate £29.41 £17.00 £25.75
Average hourly rate % change year-on-year
+73.00% -33.98%
90% offered a hourly rate of more than £13.00 £14.50 £21.62
10% offered a hourly rate of more than £118.25 £32.35 £48.50
UK excluding London average hourly rate £31.50 £18.37 £32.50
% change year-on-year
+71.52% -43.49%

Tesseract
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Tesseract across the London region as a proportion of the total demand within the Business Applications category.

Tesseract Jobs Demand Trend in London

Tesseract
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Tesseract across the London region.

Tesseract Daily Rate Trend in London

Tesseract
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Tesseract within the London region over the 3 months to 22 September 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +24 2 £475 +2.70%
Tesseract
England

Tesseract
Top 30 Related IT Skills in London

For the 6 months to 22 September 2014, IT contractor jobs across the London region citing Tesseract also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Tesseract.

1 11 (100.00%) Minerva
2 7 (63.64%) Sentinel
2 7 (63.64%) SQL
3 6 (54.55%) Fidessa
4 5 (45.45%) LatentZero
4 5 (45.45%) Capstone
5 3 (27.27%) Front Office
5 3 (27.27%) Finance
5 3 (27.27%) Derivative
5 3 (27.27%) thinkFolio
6 2 (18.18%) Investment Management
6 2 (18.18%) Asset Management
6 2 (18.18%) Reuters
6 2 (18.18%) Bloomberg
7 1 (9.09%) Charles River
7 1 (9.09%) Foreign Exchange (FX)
7 1 (9.09%) SQL Server
7 1 (9.09%) XML
7 1 (9.09%) OO
7 1 (9.09%) Fixed Income
7 1 (9.09%) Global One
7 1 (9.09%) Information Security
7 1 (9.09%) Change Management
7 1 (9.09%) Management Information System
7 1 (9.09%) Credit Derivative
7 1 (9.09%) Portfolio Management
7 1 (9.09%) Markit EDM
7 1 (9.09%) EMIR
7 1 (9.09%) SQL Server Management Studio (SSMS)
7 1 (9.09%) User Acceptance Testing

Tesseract
Top Related IT Skills in London by Category

For the 6 months to 22 September 2014, IT contractor jobs across the London region citing Tesseract also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Tesseract. Up to 20 skills are shown per category.

Business Applications
1 11 (100.00%) Minerva
2 7 (63.64%) Sentinel
3 5 (45.45%) LatentZero
3 5 (45.45%) Capstone
4 1 (9.09%) Markit EDM
4 1 (9.09%) Global One
Database & Business Intelligence
1 1 (9.09%) SQL Server
Development Applications
1 1 (9.09%) SQL Server Management Studio (SSMS)
General
1 3 (27.27%) Front Office
1 3 (27.27%) Finance
Job Titles
1 10 (90.91%) Analyst
2 4 (36.36%) Test Analyst
2 4 (36.36%) Support Analyst
3 2 (18.18%) Business Analyst
4 1 (9.09%) Systems Analyst
4 1 (9.09%) Applications Support
4 1 (9.09%) Systems Test Analyst
4 1 (9.09%) Functional Analyst
4 1 (9.09%) Test Leader
Libraries, Frameworks & Software Standards
1 1 (9.09%) XML
Miscellaneous
1 3 (27.27%) Derivative
2 1 (9.09%) Foreign Exchange (FX)
2 1 (9.09%) Management Information System
2 1 (9.09%) Fixed Income
2 1 (9.09%) Credit Derivative
Processes & Methodologies
1 2 (18.18%) Asset Management
1 2 (18.18%) Investment Management
2 1 (9.09%) Portfolio Management
2 1 (9.09%) Fund Management
2 1 (9.09%) User Acceptance Testing
2 1 (9.09%) OO
2 1 (9.09%) Change Management
2 1 (9.09%) Information Security
Programming Languages
1 7 (63.64%) SQL
Quality Assurance & Compliance
1 1 (9.09%) EMIR
Vendors
1 6 (54.55%) Fidessa
2 3 (27.27%) thinkFolio
3 2 (18.18%) Reuters
3 2 (18.18%) Bloomberg
4 1 (9.09%) Charles River